Are you doing your crypto taxes?
Are you doing your crypto taxes?
I expect an IRS agent to look at this and just say "fuck it, I'm sure it's right".
no im paying jews to do mine
I'm -50% from my initial investment, so no I'm not.
Lmao never ever ever
They aren't looking at much of anything manually other than people that make a lot of money. But eventually they are going to get all the gdax data and it will go through a computer and match with tax returns. When it does they can easily see that I did my taxes.
That said I had a few crypto to crypto transactions to binance I'm not putting in. However that first one bcash. I actually bought gdax litecoin and sent it binance, bought bcash then sold it on gdax. So it might flag eventually with the IRS but my bcash cost basis is the litecoin I bought on gdax so I could rationally explain it in an audit.
i suspect some underpaid wageslave data entry employees will enter all this information into a database to be checked by a computer
Nah, only losses here.
doesn't matter
If you had capital gains in 2017 you owe them, even if you lost money in 2018.
You were playing with the IRS's money otherwise.
>You were playing with the IRS's money otherwise.
t. IRS